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Accountant for Used car sales and Financing Business

at Majibu Africa
Location Kampala, Uganda
Date Posted June 25, 2024
Category Accounting
Finance
Management
Sales and Marketing
Job Type Full-time
Currency UGX

Description

Job Description/Requirements

Key Responsibilities:

  1. Financial Reporting and Analysis:
    • Prepare and maintain accurate financial statements, including balance sheets, income statements, and cash flow statements.
    • Conduct regular financial analysis to identify trends, variances, and opportunities for cost savings or revenue enhancement.
    • Provide management with timely and accurate financial reports and insights to support decision-making.
  2. General Accounting:
    • Manage day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, and payroll.
    • Ensure compliance with accounting standards and regulations.
    • Reconcile bank statements and resolve discrepancies.
  3. Automotive Financing:
    • Oversee financing operations, including loan processing, customer credit evaluations, and contract management.
    • Monitor and manage the dealership’s floor plan financing.
    • Collaborate with sales and finance teams to ensure seamless transaction processing and customer satisfaction.
  4. Inventory Management:
    • Track and manage vehicle inventory, including costing and depreciation.
    • Coordinate with the sales team to ensure accurate and timely recording of vehicle sales and related financial transactions.
  5. Tax Compliance:
    • Prepare and file tax returns, ensuring compliance with federal, state, and local tax regulations.
    • Stay current with tax laws and regulations affecting the automotive industry.
  6. Internal Controls and Process Improvement:
    • Implement and maintain robust internal controls to safeguard assets and ensure accurate financial reporting.
    • Identify and recommend process improvements to enhance operational efficiency.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification is a plus.
  • Minimum of 5 years of accounting experience, preferably in the automotive or finance industry.
  • Strong understanding of automotive financing, loan processing, and credit evaluation.
  • Excellent analytical, problem-solving, and organizational skills.
  • Attention to detail and a high degree of accuracy in financial reporting.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
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